The rent prices in real estate in Highwood, in the Illinois region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Highwood has risen during the last 6 months. In October, the average price per sq.feet was $2.15. In November this price barely changed remaining at $2.25 per sq.feet. In the following two months the price per sq.feet has risen 111 %, going from $2.2 to $2.43 per sq.feet. The price per sq.feet has risen 110 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $2.32 to $2.55 during February, and March.
When referring to the price in Highwood (cities), this has risen considerably in the last 6 months. The rent price in October is $1,804, rising in November till $1,908. During the following two months (December, January) the average price had a considerable rise of 119 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,225 they are 14 % more affordable than the average price for Highwood . The properties with the highest average price have 4 bedrooms, Their price is 147 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,631.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.78 / sq.feet, with an average $2.52 / sq.feet price in Highwood. The properties with the most expensive average prices have 1 bedroom. They are 11 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.4 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,225 it is 41 % more affordable than the average price in Highwood. "Apartment" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $2,152 it is 80 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.45 / sq.feet followed by "Apartment" priced at $2.55 / sq.feet. "Apartment" is the most expensive type of property with a $2.55 / sq.feet value followed by "House" with an average price of $1.45 / sq.feet.